The daily Davis Index for P1020 Thursday rose by Rs1,034/mt ($14.07/mt) to settle at Rs153,255/mt from Rs152,211/mt ex-works India producer Wednesday after Nalco hiked aluminium product prices by Rs3,100/mt($42.19/mt) on Oct 13.
Earlier Balco and Hindalco raised aluminium product prices by Rs1,500/mt and Rs1,250/mt on Wednesday.
The spot aluminium prices on LME rose by $61/mt to settle at $1,847/mt on Oct 12 from $1,786/mt on Oct 8.
The Index for ADC 12 Thursday settled at Rs155,761/mt up by Rs1,550/mt from Rs154,211/mt ex-works India producer Tuesday.
The index for CG99.5 Thursday settled at Rs152,838/mt, up by Rs1,033/mt from Rs151,805/mt ex-works India producer Wednesday.
The index for EC rod settled at Rs158,760/mt, up by Rs1,034/mt from Rs157,726/mt ex-works India producer Wednesday.